ASML is arguably one of the most important companies in the world, with little to no competition, producing the machines required to produce the chips for companies such TSMC, Apple, etc.
The main bear case a few years ago could’ve been reaching a wall after the development of their High-NA EUV manufacturing technique, but they are actively in development of Hyper-NA which is supposed to be able to create sub 1nm chip designs.
You have to think that Moore’s law can only go so far and that they eventually will reach a limit to what their lithography machines can do, but at least in the near future I don’t see this company going anywhere, and they are so dominant that I don’t think another company is going to suddenly take up any of their market share. Even if they face some issues over the years, all major chip companies need them to keep making new manufacturing techniques so they can make better chips and can aid them. These companies certainly are going to want to keep refining their chips as demand has only gone up. A lot of the materials they use aren’t in short supply either such as tin and tungsten.
Curious as to any opinions on why this wouldn’t be a good pick in the near-long run
Posted by Computnerd_
4 Comments
Ai is unstoppable. Why think anything else? Why think anything at all?!
China making their own EUV machine? Have you seen how much revenue ASML makes from China?
Google announces they integrated their quantum computers with Gemini … Instantly all electronic ai chip market crashes and so does Asml
I love ASML but I do think the next company you mentioned (TSMC) is just a better value at this moment and is also massively important.